I showed a rental today to a possible tenant, who for all intents and purposes, checked all the boxes, they agreed to sign a 12 month lease @$1000 a month and pay $1000 security deposit. Non smoker, no pets, makes 70K...
I found an HVAC tech online who had 64/64 five-star reviews on Google Maps. There was nothing but praise for him, so I gave him a shot. He diagnosed my problem as a faulty control board. He quoted me $700 for the boar...
Here's my dilemma. I took out $200k from one of my properties and have to use it to generate more income. I've gotten some feedback and opinions from others. Just wanted to post it here to see what some of the prof...
Just watched the 60 minutes special on the homeless crisis. Very concerning when you realize that we are part of the problem. To keep our business profitable we absolutely have to screen tenants for felony’s, rental...
So I'm starting out by looking for a MF property in Jefferson Parish. Of course I will be living in one unit and renting the others (hopefully find a good enough deal to actually get paid to live in there for awhile)....
I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...
Maybe some guru has been advertising heavily on late night tv or something but to me it seems like there are A LOT of new people trying to wholesale. They have been told they can make RE riches despite having no mone...
Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...
I am not sure there is really a good thread here in BP which address this question. I know there are many blogs but those do not provide expanded conversations around the idea, IMO. If you are a seasoned, new or pot...
Given that there is such a liquid market of buyers online I was wondering what people's thoughts are on the commission paid to Realtors. A 6% commission has always seemed scandalously high to me given the typical amo...